RCom clocks second-quarter profit surge due to one-time gain
India`s Reliance Communications Ltd posted a sharp rise in its quarterly profit on Saturday, as it recorded a one-time gain.
Net profit for the July-September quarter came in at 67.98 billion rupees ($939 million), compared to a profit of 420 million rupees a year earlier.
Revenue from operations fell 41.7 percent to 3.34 billion rupees.
Animal vs Sam Bahadur Box Office Collection Day 9: Animal crosses Rs 600 crore club, beats Sam Bahadur | Check day-wise collection
Post Office Time Deposit Scheme: Interest up to 7.5%, guaranteed returns, fixed income, preclosure rules, other benefits
India vs South Africa 1st T20I Free Live Streaming: When and Where to watch IND VS SA T20I series Match LIVE on Mobile Apps, TV, Laptop, Online
NPS (National Pension System): How to create a corpus of Rs 5 crore with Rs 442 investment/day? After retirement, you will get Rs 2.5 lakh every month
Animal Box Office Collection: Ranbir Kapoor-starrer touches Rs 600 crore mark worldwide | Check OTT release details
Vehicle Insurance Policy: If your car drowns during flood or storm, can you claim insurance? Know rules
The company said earlier this year that it had completed the sale of its fibre assets to Reliance Jio, the telecoms arm of oil-to-telecoms conglomerate Reliance Industries Ltd.($1 = 72.4350 Indian rupees)
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)